Chain-free HMO with immediate rental potential close to Nottingham tram links..
- Licensed three-bed HMO with previous student-let success
- Chain free; ready to occupy or re-let quickly
- Modern fitted kitchen and integrated appliances
- Ground-floor double room adaptable as sitting room
- Gas central heating and UPVC double glazing present
- Small rear yard with outside garden store, low maintenance
- Very deprived area and above-average local crime rates
- Solid brick walls likely uninsulated; energy upgrades possible
A well-presented mid-terrace Victorian property offered chain-free and currently licensed as a three-bed HMO. The house has a proven student-let history and is configured to let immediately, making it a straightforward option for investors seeking rental income. Neutral décor, a modern fitted kitchen with integrated appliances and a modern bathroom reduce immediate refurbishment costs.
The layout includes a ground-floor double room that can function as a sitting room or bedroom, two further first-floor bedrooms, a lounge and a two-compartment cellar for useful storage. Gas central heating and UPVC double glazing are installed; EPC rating D. The low-maintenance rear yard and an external garden store add practical outdoor storage without garden upkeep.
Notable cautions are factual: the property sits in a very deprived area with above-average local crime rates, which will affect tenant demand and rental levels. The building appears to have solid brick walls with no known insulation and was constructed circa 1900–1929, so longer-term energy-efficiency upgrades may be required. The plot is small and external space limited. Buyers should budget for potential improvement works despite the property's ready-to-let condition.
Overall this house suits investors seeking an entry-level HMO with immediate income potential or owners looking for a compact, city-proximate home. Its location affords easy access to Nottingham city centre and tram links, supporting strong rental demand from students and city workers, but investor purchasers should weigh refurbishment and neighbourhood considerations against the low asking price and no upward chain advantage.